You are browsing: Finance
Gas Rates, Volunteers, and Justice: Reader OpEd
Many people don’t realize that on their personal tax returns volunteers can deduct mileage expenses incurred as part of volunteering. For example, if a volunteer drives 30 miles to volunteer at an art school or drive a patient to chemotherapy, the …
Is It Time for an Audit?
Blue Avocado reader Bill Mitchell writes: “As a board member of both a small ($400k/year) and a much larger ($1.8m/year) nonprofit, what are the criteria to determine whether or not to conduct a formal outside audit? I have worked on staffs, sat on boa …
Overtime Pay for Nonprofit Preschool Teacher?
Dear Rita: I’m a daycare worker for a nonprofit agency. My employer pays me a salary and refuses to pay overtime when I work more than 40 hours a week. The executive director says I’m not entitled to overtime pay because I am a ” …
Just Tell Me: What’s the Best Way to Raise Money? Choosing a Revenue Strategy
It's aggravating to have someone say (at a board meeting, for example), "Look at how they over there raise money! That's better than what we're doing . . . we should do that!" Or for a funder to tell you what they think is the bes …
Nonprofit Budgets Have to Balance: False!
As nonprofits serving people and communities in these difficult financial times, we don’t expect things to turn around for our communities in the near future. Many of us are wondering: how can we achieve a balanced budget in these times? When is it oka …
